News Flash

LONDON, July 29, 2026 (BSS/AFP) - FIFA has told member associations they will
each receive $40 million if they back a plan to sell stakes in major
competitions -- but they must sign up by September 19.
The sport's global governing body on Tuesday announced proposals to set up a
commercial subsidiary to run events, including the World Cup, sparking a
furious backlash.
European football's ruling body UEFA said the World Cup was not an "asset to
trade", while the Asian Football Confederation said it had not been
consulted.
EU sports chief Glenn Micallef told FIFA: "Hands off our game."
According to The Times on Wednesday, FIFA president Gianni Infantino told
members that a funding package totalling $10 billion would become available
if they signed up.
Infantino said in a letter seen by the British newspaper that the decision
was up to individual associations.
"Should you wish to proceed, this $10 billion package will become available
as of January 1, 2027, ushering in the next phase of our journey together,"
he wrote.
"Should you wish to retain the status quo and reject this proposal we still
have our planned expansion of the Forward programme (development funds) of
$2.7 billion as previously presented.
"In total for the upcoming cycle starting as of January 1, 2027, each member
association will have the possibility of access up to $40 million per member
association under this proposal."
The Times said sources opposed to the plan had labelled it "pure bribery".
UEFA issued a scathing fresh statement on FIFA's proposed timescale.
"Today we have learned of FIFA's deadline to associations to support their
proposals or have the one-off payout offer withdrawn," it said.
"This says everything you need to know about this plan.
"But having held discussions with many stakeholders across the game, UEFA
knows there is significant and growing opposition to FIFA's scheme.
"FIFA cannot continue to use our sport to enrich themselves and their
friends. We can grow the game correctly. It's time to prioritise
associations, clubs, leagues, players and fans."